Govt working to build pro-people procurement system
The current government is working to establish a pro-people public procurement system in Bangladesh. The government issincere to prevent waste and reduce delay in implementation of projects. Every year, on…
Power master plan criticised for high costs, misalignment
The Integrated Power Master Plan (IEPMP) of Bangladesh has come under criticism for being economically unviable, misaligned with global climate commitments, and harmful to the country’s Net Zero targets. The…
Finance Adviser urges reduced waste and tax reforms to ease economic burden
Dr Salehuddin Ahmed, Finance and Commerce Adviser to the interim government, stressed the urgent need to reduce wasteful government spending and called for reforms in the tax and banking sectors.…
Food inflation hits15% in Dec: BIDS
Food inflation in the country soared to 15% in December last, significantly higher than the 12% reported by the Bangladesh Bureau of Statistics (BBS), according to a Bangladesh Institute of…
10 projects include China aid 150 bedded burn unit hospital up for approval at ECNEC meeting today
Ten projects, including a project titled “Establishment of China Aid 150 Bedded Burn Unit at Chittagong Medical College Hospital in Bangladesh”, are set to be approved by the Executive Committee…
IMF agrees to disburse $1.15b to Bangladesh in third tranche
The International Monetary Fund (IMF) has greenlit a significant financial injection of $1.15 billion to Bangladesh as part of its ongoing multi-billion-dollar loan program. Following a 15-day mission led by…
Govt sets Tk265,000cr ADP for FY25
The government has outlined a Tk 265,000 crore Annual Development Programme (ADP) for the upcoming fiscal year (FY25), with the highest allocation of Tk 70,687.76 crore (26.67% of the total…
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- Bangladesh , Business
- May 5, 2024
- 105 views
Budget priorities for government in addressing citizen’s aspirations: CPD
Renowned economist Debapriya Bhattacharya unveils vital budget proposals for the fiscal year 2024-25 to address Bangladesh’s socio-economic needs, highlighting key priorities for the government in the pursuit of citizens’ aspirations.…
Remittance increases 21% in April
In April, expatriate Bangladeshis sent home $2.04 billion in remittances, marking a 21.3% increase compared to the same period last year. This surge is typically attributed to the approaching Eid…
ADB and Dynamic Sun Energy forge historic partnership to power Bangladesh with solar energy
Dynamic Sun Energy and Asian Development Bank (ADB) team up to power Bangladesh with solar energy. A $121.55 million financing deal inked for a groundbreaking 100MW solar plant in Pabna.…
